Mktviews Weekly Nifty Analysis (31/10/2011-04/10/2011)

Markets have staged a fantastic upmove of approx 400 pts (5000 to 5400) in a fortnight & have closed at weekly high backed by strong Global cues & Huge Short covering.

As the rally in last 2 days was too swift & on the back of heavy short-covering, Markets could now take a breather & Nifty Future may trade sideways & retrace upto 5305-5310 area once & only if it holds, bounce back upto 5480-5500 area could be witnessed.

Going Forward, Further Pullback upto 5618/5730 would be witnessed if Critical Resistance area 5490-5506 is crossed & Nifty Fut closes above it.

If does not cross 5506, Nifty Futures may trade in trading range 5305-5506.

Strong support lies @ 5306-5310 & Selling pressure would be witnessed upto 5196/5076 on break & close below 5305.

Regards,
Team Market View Investments.
9987750901.

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Mktviews Daily Market View (25/10/2011)

Explain Markets to open flattish following mixed global peers. Nifty Fut would consolidate & trade rangebound 5090-5144 in 1st half with mixed bias till RBI policy is announced. Expect movements throughout the day to be extremely volatile & choppy on A/c of F&O expiry too.

Now 5085-5090 is a decent support area.

If holds 5085 & sustains above 5144, expect pullback upto 5185/5210++ area.

If  breaks & sustains below 5085, could witness fall upto 5035/4997.

Key Nifty Futures Levels :

Supports : 5085 & 5045.

Resistance : 5144 & 5174.

Probable Trading Range : 5045 - 5174

Mktviews Daily Market View (24/10/2011)

Expect markets to open higher in-line with Positive Global Markets.

Post trading range-bound 5015-5160 in entire last week,

Now 5088-5103 is a decent support area.

If holds 5088 & sustains above 5139, expect pullback upto 5165++ area.

If  breaks & sustains below 5088, could witness fall upto 5053/5015.

Key Nifty Futures Levels :

Supports : 5103 & 5068.

Resistances : 5139 & 5166.

Probable Trading Range : 5065 - 5166 

Mktviews Weekly Nifty Analysis (24/10/2011-28/10/2011)

Market Sentiment is likely to remain cautious & volataile due to F&O expiry & RBI policy in a 3-day truncated trading week.

RBI policy meet on 25^th Oct would be a key trigger as to whether it gives preference for sustaining growth or tighten rates further to tame rising Inflation.

Rupee breaking below 50/$ mark is a major cause of worry.

Nifty Futures displayed displayed reluctance to cross & sustain above 5150 or break below 5025 as selling pressure was witnessed on all rises & buying support emerged at lower levels resulting in Nifty to oscillate between 5025-5165 range with highest open Interest built up in 5000 Put Option & 5200 Call Option.

Going Forward, Pullback upto 5290/5360 would be witnessed only if Critical Resistance area 5168-5186 is crossed & Nifty Fut closes above it.

If does not cross 5186, Nifty Futures may trade in trading range 5015-5186.

Strong support lies @ 5015-5025 & Selling pressure would intensify upto 4904/4849 on break & close below 5015. 

Regards, Team Market View Investments. Mo : 9987750901. Visit www.mktviews-nifty50.blogspot.com Facebook : www.facebook.com/mktviews. Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Market View (21/10/2011)

Expect Markets to open flattish following Mixed Global peers.

Now 5075-5080 is a crucial support level which needs to be held for witnessing any small pullback upto 5140 zone. If crosses & sustains above 5140, then further short-covering upto 5180/5204 is on the cards.

If  breaks & sustains below 5075, could witness fall upto 5040/5005.

Key Nifty Futures Levels :

Supports : 5075 & 5035.

Resistances : 5126 & 5149.

Probable Trading Range : 5035 – 5149. 

Mktviews Daily Market View (20/10/2011)

Expect markets to open Negative following Weak Global Markets.

Post Opening, Now 5073-5093 is a decent support area.

If holds 5073 & sustains above 5114, expect small pullback once again upto 5140/5160.

If  breaks & sustains below 5073, could witness fall upto 5025/4997.

Key Nifty Futures Levels :

Supports : 5073 & 5035.

Resistances : 5114 & 5139.

Probable Trading Range : 5005 – 5135. 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.

Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Market View (19/10/2011)

Expect markets to open in Green inline with Positive Global peers.

Post 150 point cut in Nifty in Last 2 days following sharp cuts in Global Markets,

Now 5053-5056 is a decent support area.

If holds 5053 & sustains above 5094, expect a small pullback upto 5124/5146.

If  breaks & sustains below 5053, could witness fall upto 5005/4967.

Key Nifty Futures Levels :

Supports : 5053 & 5005.

Resistances : 5094 & 5135.

Probable Trading Range : 5005 – 5135. 

Mktviews Daily Market View (18/10/2011)

Expect markets to open Negative in-line with Global Counterparts following increasing worries about Euro-Zone Debt crisis.

Nifty yesterday could not cross 5184 & faced selling pressure on all rises, thereby retesting support zone 5085.

Now Nifty Fut needs to cross critical resistance zone 5085-5099 for bounce back upto 5146/5180. If does not cross 5099, then lower levels of 4985/4937 could be retested.

Key Nifty Futures Levels :

Supports : 5053 & 5007.

Resistances : 5085 & 5119.

Probable Trading Range : 5007 – 5119.


Regards,
Team Market View Investments.
 9987750901.

Mktviews Daily Market View (17/10/2011)

Expect Markets to open on a positive Note in-line with global counterparts.
Nifty Futures may witness further pullback upto 5240/5265 if it holds 5136 & crosses & sustains above critical resistance 5184-5194.
If  breaks & sustains below 5136, could re-test support zone 5080-5085 & sustaining below which could slide upto 5053/5005 once again.


Key Nifty Futures Levels :

Supports : 5136 & 5097.
Resistances : 5194 & 5232.
Probable Trading Range : 5097 – 5232.

Regards,
Team Market View Investments.
9987750901

Mktviews Weekly Nifty Analysis (17/10/2011-21/10/2011)

Last Week, Decent Pullback was witnessed from 4900 to 5150 levels & markets closed at a weekly high followed by Short-Covering & selective buying support at Lower Levels post encouraging Infosys Q2 results.  Stock Specific action may be witnessed as major large-cap earnings (Hdfc, Tcs, Hero Motocorp, Hcl Tech, Bajaj-Auto, Hdfc Bank, LT & Axis Bank) trickle in throughout the week.  Going Forward, If Nifty Fut holds 5053 & crosses resistance zone of 5212-5232 with Volumes, Further pullback upto 5324/5484 can be witnessed.  But If fails to cross abv 5232, will be in a trading range 5053-5232.  Strong Support lies @ 5053-5060.  If it breaks & closes below 5053, may touch 4937/4845.

Regards,
Team Market View Investments. 
Mo : 9987750901. 
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews. 

Never Forget : Our NATURE is our FUTURE !!!